Crypto

Apple App Store Hosts Fake Crypto Wallet, Users Lose $1.8 Million

Guavy AI Editorial Team Published July 29, 2026

Three users claim to have lost $1.8 million after falling victim to a fake cryptocurrency wallet app that made it onto Apple's App Store.

The app, which has not been named in the source, allegedly tricked users into sending their cryptocurrency holdings to an unknown address.

The victims report that they downloaded the app from the App Store and used it as they would any other legitimate wallet application.

The Wire

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